Alternative reinsurance capital

Articles discussing alternative reinsurance capital. Largely sources from third-party investors in the capital markets, alternative reinsurance capital is increasingly being leveraged by reinsurers as a cheaper cost source of risk transfer while for investors the access to reinsurance returns as an investment is growing in popularity.


Estera acquired, to combine with Ocorian

Estera, a global provider of funds, corporate and trust services and an active service provider to the insurance-linked securities (ILS) and reinsurance markets, has been acquired and will combine with corporate administration and fiduciary service provider Ocorian.Inflexion Private Equity has acquired Estera from previous owner private equity investor Bridgepoint.After the read the full article →

Convective storms & hail drive Allstate’s cat losses above expectation again

U.S. primary insurer Allstate has again reported monthly catastrophe losses that were higher than analyst expectations, reporting $311 million of impacts during the month which took its second-quarter cat losses to $1.07 billion before tax.That means Allstate's catastrophe losses for the first-half of 2019 are estimated at somewhere just shy read the full article →

RenaissanceRe further extends maturity of Fibonacci Re ILS notes

Bermudian reinsurance firm and third-party capital manager RenaissanceRe has opted for another extension of maturity for the remaining insurance-linked securities (ILS) notes from its Fibonacci Re Ltd. vehicle’s 2017 and 2018 issuances.The catastrophe bond like structure has seen its maturity dates extended repeatedly, presumably to allow for the collateral to read the full article →

Artex promotes Thompsett to COO, Marshall to CFO

Artex Risk Solutions, one of the largest insurance management firms and a key facilitator in the insurance-linked securities (ILS) and collateralised reinsurance space, has announced two senior promotions, naming a new Chief Operating Officer and Chief Financial Officer.Stephen Thompsett, who has been with Artex since 2018 in his most recent read the full article →

B3i say catastrophe XOL reinsurance system to launch this month

B3i, the insurance and reinsurance industry initiative that aims to create standardised systems for transacting in reinsurance using a distributed ledger, says that its catastrophe excess-of-loss (XOL) reinsurance placement system is finally ready to be released.B3i launched as a blockchain focused consortium of industry insider companies, aiming to create a read the full article →

Bermuda ILS related re/insurer registrations rose slightly in H1 2019

Registrations for new insurance and reinsurance vehicles that are related to catastrophe bonds and other insurance-linked securities (ILS) use-cases have risen slightly in the first-half of 2019.This is promising for ILS, catastrophe bond and collateralized reinsurance market activity over the rest of the year, as despite the impacts of heavy read the full article →

Best of Artemis, week ending 14th July 2019

Here are the ten most popular news articles, week ending 14th July 2019, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.Super Early read the full article →

New PFIC regs released, relevant to ILS & hedge fund reinsurance strategies

The U.S. Internal Revenue Service and Department of the Treasury has published a new set of proposed regulations relating to passive foreign investment companies (PFICs), which are relevant to many in insurance and reinsurance, but have particular relevance to certain ILS and hedge fund reinsurer strategies it seems.The updates to read the full article →

ILS funds increasingly differentiate cedants: Willis Re

At the recent mid-year reinsurance renewals, insurance-linked securities (ILS) funds were seen to have become increasingly discerning, as they adopted a more differentiated approach to how they underwrote their portfolios.This follows the trend seen among traditional reinsurance markets, as broker Willis Re explained, "Almost all buyers were able to secure read the full article →

ILS collateral still trapped by loss activity amounts to roughly $15bn: Aon

At the end of the first-quarter of 2019, the amount of insurance-linked securities (ILS) and collateralized reinsurance collateral still trapped by recent catastrophe loss activity amounted to roughly $15 billion, according to broker Aon.The figure, while still high, is a reduction on the amount of collateralized reinsurance related collateral that read the full article →